Business news from Ukraine

Business news from Ukraine

Weapons production doubled in Ukraine – Shmyhal

Weapons production in Ukraine doubled in the first eight months of 2024 compared to the same period in 2023.
“In 2023, arms production in Ukraine tripled. In the first eight months of this year, we increased production by another two times compared to the previous year. Today we are producing a quantity of weapons that would have seemed impossible in 2022,” Prime Minister Denys Shmyhal said at the second International Defense Industries Forum (DFNC2).
The Prime Minister noted that the draft state budget for 2025 allocates 65% more funds for the production of weapons and military equipment, which is an increase of almost UAH 300 billion.
“This means that next year there will be even more Ukrainian drones, missiles, ammunition, vehicles, artillery, and everything else we need for defense,” the Prime Minister emphasized.
Shmyhal said that Ukraine would produce 1.5 million drones in 2024, which was made possible, in part, by the involvement and support of private companies. “We have created a market for drones, and next year this number and capacity will be even greater… We are also creating a market for ammunition,” the Prime Minister added.
Among other things, the Prime Minister said that the government is forming a mechanism for long-term contracts for weapons manufacturers; building a new architecture for military procurement; expanding locations for weapons production, including the creation of underground sites.
Shmyhal said that the priorities for production include: various types of drones, including ground-based robotic systems; a full-fledged missile program, including ballistic weapons; expanding the production of all types of shells; artillery systems and various types of armored vehicles.
In addition, he said, the government is investing in the development of electronic warfare.

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Germany to allocate another 400 mln euros to purchase weapons for Ukraine

The German government intends to allocate 400 million euros for the purchase of weapons for Ukraine, Stern magazine reported on Thursday.
“The federal government wants to allocate an additional 400 million euros for military support to Ukraine as soon as possible. This follows from a letter from the Ministry of Finance to the Bundestag Budget Committee, which was obtained by the State Tax Administration,” the publication informs.
The money is to be used to purchase air defense systems, drones and protective equipment for the Ukrainian military.
At the same time, according to Stern, State Secretary of the German Ministry of Finance Florian Tonkar warned that “without a significant increase in material support, Ukraine will be defeated.”
The magazine reminds that the German government plans to allocate 1.42 billion euros for military support to Ukraine by the end of 2024. This is 397 million euros more than budgeted, so the Bundestag’s consent is required for additional spending.

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Almost 226,000 applications for weapons permits filed by Ukrainians in 8 months

Almost 226 thousand applications for weapons permits have been filed by Ukrainians in 8 months, according to the Ministry of Internal Affairs. More than 210 thousand of them were approved. The average number of applications per month has increased 1.8 times compared to the first months of the Unified Weapons Register.

93% of the applications submitted to the Register between June 2023 and February 2024 were approved, which is more than 210 thousand permits.

In the first three months of operation, Ukrainians submitted more than 57 thousand applications, of which 87% were approved. Later, the demand for weapons grew. Thus, over the next 5 months, Ukrainians submitted significantly more applications – more than 168 thousand applications. Of these, more than 160 thousand or 95% were approved.

Most often, requests are submitted through the Single Window, but despite the growth in the number of people wishing to obtain a gun permit, its popularity has declined. Over 65 thousand people have used the service in the 8 months of its existence. More than half of the applications were received in the first three months of the site’s operation.

The situation is similar with applications through the chatbot: more than 14 thousand people have applied there since then. 62% of applications were submitted in the first 3 months. To illustrate, during the first months of the project’s existence, every sixth application was submitted through the bot, while in the next 5 months, every 30 applications were submitted through the bot.

On June 23, the electronic Unified Firearms Register was launched in Ukraine. Since then, citizens have been able to submit an application for a permit to purchase, store, or carry weapons, report a change of residence in the context of the place of storage of weapons, and apply for a permit extension online. In addition, the service provides information about their registered weapons.

Germany sends demining equipment and weapons to Ukraine

Germany is sending equipment and weapons to Ukraine: the new military aid package includes 14,000 rounds of 155 mm artillery ammunition, 4 WISENT 1 demining vehicles, 3 mobile remote-controlled and protected demining systems, and 250 demining kits, the German government website reported on Monday.

According to the published updated list of military aid delivered to Ukraine, it also includes 10 Vector reconnaissance UAVs with spare parts; 22 anti-drone systems; 12 SatCom terminals; 4 vehicles for border guards; and materials for the disposal of explosive ordnance;

The package was provided by the resources of the Federal Armed Forces and government-funded industry.

It is noted that about 5 billion euros (2023) and about 1.6 billion euros (2022) have already been spent on military assistance to Ukraine. An additional 2.9 billion euros were allocated in the first two years of the war for aid that will be received only in 2025-2028.

In total, since February 24, 2022, Germany has supplied materials from the Federal Armed Forces’ stockpiles worth approximately €5.2 billion. In addition, more than 10,000 Ukrainian soldiers have received military training in Germany. The cost of this training is currently about €282 million.

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US will provide Ukraine with $5.4 bln worth of weapons and ammunition

The U.S. Department of Defense has the ability to provide Ukraine with another $5.4 billion worth of weapons, Voice of America reports, citing the Pentagon.

“The Pentagon has the opportunity to provide Ukraine with another $5.4 billion worth of weapons. Currently, the United States can make deliveries from its warehouses for this amount to meet the urgent needs of the Armed Forces on the battlefield,” the Voice of America said in a statement on its Telegram channel.

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Poland will continue supplying weapons to Ukraine, but will not supply new ones – Duda

Polish President Andrzej Duda has said that Prime Minister Mateusz Marowiecki’s words that Warsaw is “no longer transferring weapons to Ukraine” were taken out of context, TVN24 reported on Thursday.

“In my opinion, the prime minister simply said this: we are not going to transfer to Ukraine the new weapons that we are now buying as part of the modernization of the Polish army,” the Polish president explained.

According to Duda, “We both had the same position. We cannot hand over to someone else our new weapons, which we are now buying for billions of dollars for the Polish army to strengthen it, to strengthen Poland’s security. To anyone.”

Duda specified that those contracts on Polish arms, which Poland signed with Ukraine, will be fulfilled.

At the same time, he recalled that contracts with Ukraine have been signed, including for the delivery of Polish self-propelled howitzers Krab. “We need to fulfill this contract, and we are fulfilling it,” Duda said, adding that there are other contracts concerning ammunition and demining equipment.

“As we receive new armaments from Korea, from the United States, we will also replace the armaments that are now in storage,” Duda said, noting that such armaments could be sent to Ukraine “as we did before, transferring post-Soviet armaments.”

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